Fraud has moved beyond payments: Why identity must become India’s first line of defense
India’s digital economy is not only struggling with fraud volume, but it is struggling with where fraud shows up. For years, fraud sat at the point of payment. Today, it makes its appearance much earlier – when identities are created, accessed, and reused across systems. The shift reflects a broader change in how digital fraud operates. Increasingly, attackers focus on gaining control of identities and access points before any transaction takes place, making fraud harder to detect through traditional payment-focused controls alone.
Fraud Extends Beyond Payments
Historically, fraud systems were designed to stop bad payments — built for the end of the journey. But fraud now starts at the beginning. In India, the highest concentration of fraud is no longer at payment, but at account access. Fraud risk was most concentrated at account login (3.9%), followed by account creation (3.1%), and then transactions (1.2%).
Attackers are not exclusively targeting transactions....
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